Virtu signs up two bond ETF issuers for new NAV pricing tool
Exchange-traded fund (ETF) issuers Charles Schwab Investment Management and WisdomTree Asset Management are now using the eNAV ETF analytics tool, developed by ...
ESMA corrects SI bond ranking to place BNP Paribas as second in Europe
The European Securities and Markets Authority (ESMA) has republished its ESMA Annual Statistical Report, now stating that the largest systematic internalisers (SIs) for ...
How big is portfolio trading in corporate bond markets?
Recent reports from market participants have given slightly different estimates for the use of portfolio trading in US corporate bonds, however the consensus is that ...
DirectBooks launches platform for issuance of US corporate bonds; European expansion on cards
Rich Kerschner, CEO, DirectBooks.
Banks see strong Q3 across credit, rates following heightened activity earlier in the year
A new report by analyst firm Crisil Coalition has found that the unprecedented levels of volatility and trading activity seen in the first half of the year have begun to ...
Redburn sees value in bond market venue M&A
Nicholas Watt, analyst, Redburn.
Morgan Stanley: Portfolio trading volumes have grown by 56% in 2020
Research by Morgan Stanley’s market strategist team has found that use of portfolio trading in the US corporate bond market has increased by 56% in the past year, with ...
Virtu launches liquidity scoring tool for fixed income
Kevin O’Connor, head of Virtu’s broker-neutral Analytics and Workflow Technology division.
TP ICAP launches MATCHBOOK ReBalance, announces Q3 results
Mark Russell, chief commercial officer at TP ICAP Credit.
Surprise at inaccurate US election poll predictions has increased volatility
With a victory for either side being far from clear in the US election, investment commentators have warned of sustained volatility across asset classes. The predictions ...
Market Analysis: Pressure on US dealing desks is changing priorities in 2020
Jonathan Rick, director of research, Tradeweb.
Tradeweb executes first electronic SONIA swaps vs Gilt futures
Kari Hallgrimsson, co-head of EMEA Rates Trading at JP Morgan.
Goldman Sachs adds streaming firm pricing to MarketAxess’ Live Markets order book
Richard Schiffman, Head of Open Trading, MarketAxess.
Morgan Stanley to acquire Eaton Vance
Morgan Stanley is to buy investment manager Eaton Vance, which has US$500 billion in assets under management (AUM), for US$7 billion. The acquisition should boost Morgan ...
Bank of England tacitly acknowledges impact of capital rules on market making
The identical nature of proprietary trading and market making has been highlighted in a paper published by the UK’s Prudential Regulatory Authority (PRA) the risk ...